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NEAR hit $ 18.72 on January 12.
On January 12, the NEAR Protocol (NEAR) project token renewed its absolute price record, reaching $ 18.72. From April to the present, the number of developers who are working on this project, increased from 125 to 137. If we consider the period from December 2020, then the team growth was 291%, and the project entered the top 3 most developed along with Terra (+ 313% team growth, up to 33 developers) and Solana (+ 307% and 228 developers).
By the way, a lot of technological work brought results for these projects as well, but a little earlier. So, on November 7, 2021, SOL soared to an all-time high of $ 259.96, and Terra reached its record of $ 103.34 on December 27 last year. Now the NEAR Protocol has a similar result.
It is worth noting that all these projects have attracted the interest of investors in terms of investing in their very development. NEAR Protocol currently has funding from over 40 companies, including Andreessen Horowitz (a16z), Metastable, Accomplices, Coinbase, Pantera Capital, and Ripple’s Xpring project.
According to research company Messari, 13 institutional companies have invested in NEAR tokens themselves. According to this indicator, only Polkadot (21 organizations) overtook NEAR, if we do not take into account the activity of classical participants in investing in bitcoins and Ethereum. Terra and Solana digital assets have attracted the attention of 13 and 12 institutional companies, respectively.
NEAR Protocol also launched a “bridge” to the Ethereum blockchain (Rainbow Bridge), which is positioned on the project’s website as an opportunity to “easily move assets to the NEAR platform, operating at low costs and high speed.” Thus, this once again underlines the fact that the Ethereum blockchain has strong competitors, and one of the trends in 2022 will be continuation competition between Ethereum and other projects.
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